(I wasn’t meaning to suggest that you’re crazy, but I did wonder about … hmm, not sure whether there’s a standard name for it. Being less prepared to spend X to get Y on account of having done so before and then lost Y. A sort of converse to the endowment effect.)
I very much recommend Reasons and Persons, by the way. A friend stole my copy and I miss it all the time.
OK, thanks!
Your friend stole a book on moral philosophy? That’s pretty special!
It seems ethics books are more likely to be stolen.
It’s still in print and readily available. If you really miss it all the time, why haven’t you bought another copy?
It’s $45 from Amazon. At that price, I’m going to scheme to steal it back first.
OR MAYBE IT’S BECAUSE I’M CRAAAZY AND DON’T ACT FOR REASONS!
Gosh. It’s only £17 in the UK.
(I wasn’t meaning to suggest that you’re crazy, but I did wonder about … hmm, not sure whether there’s a standard name for it. Being less prepared to spend X to get Y on account of having done so before and then lost Y. A sort of converse to the endowment effect.)
Mental accounting has that effect in the short run, but seems unlikely to apply here.